Arab states Saturday agreed to set a "financial safety net" for the
Palestinian Authority if Israel freezes due monthly revenue estimated
at around $100 million, Palestinian chief negotiator Saeb Erakat said.

The Palestinian side had asked for the assistance during a meeting of
the special ministerial Arab League´s Peace Initiative Committee,
meeting in the Qatari capital Doha.

It asked for "a financial safety net to be used in case the Israeli
side opted to blackmail us through withholding due taxes and revenues
which are estimated at around $100 million per month," Erakat said
after the meeting.

"We requested this amount as a safety net from the Arab brothers and
it has been agreed upon, and we hope that the matter will be
processed... and an execution mechanism established."